Singapore retail sales lower than forecast


All worked up: Many Malaysians and Singaporeans have taken to social media to debate over the issue. — AFP

SINGAPORE: Retail sales were lower than expected in October, according to figures released by Singapore’s Department of Statistics.

Takings at the till that month were only 0.1% higher year-on-year, below the 1.5% increase forecast by analysts polled by Bloomberg and coming off the 1.9% rise in September.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , retail Singapore , cars , food , petrol ,

   

Next In Business News

Canada to unveil plan for emissions cap on oil and gas sector
ABM welcomes GX Bank, Boost Bank as new members
Khee San to raise up to RM96.1mil from rights issue
Ringgit ends firmer against greenback amid heightened uncertainty as US election looms
Elridge Energy inks 15-year biomass fuel contract with Japanese trading firm
Bintai Kinden unit bags RM61.22mil construction job in Melaka
MCE, Chuhang ink MoU to develop automated driving radar
Bursa Malaysia ends higher lifted by plantation, construction stocks
Revenue to dispose of Innov8tif stake for RM40mil
MN Holdings' new job wins bring orderbook to all-time high of RM625.8mil

Others Also Read